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Standalone Restaurant Building For Sale on 2 Lots in Central Seattle

Market Price

2605-2609 E Cherry St, Seattle, WA 98122

Active
Last Updated: 03/08/2025

2,310 sqft

Building Size

7,682 sqft

Lot Area

Details:
Building Size:    2,310 sqft
Lot Area:    7,682 sqft
Zoning:    NC1-55
Description:

55 seat restaurant with Type I hood, grease interceptor, and large outdoor patio ADA compliant restrooms and ramps Ideal for brewery, childcare center, adult family home, church/community center NC1-55 (M) zoning Ideal for 6 - 8 townhomes, mixed-use, or 40+ SEDU’s (5 stories) 2 parcels on corner lot on arterial from downtown Seattle to Madrona Beach High rental demand area with rent averaging $4.00 PSF/month with 5% annual increases Average Townhouse Sale Prices: $900,000 Excellent visibility and access

Mixed-use commercial building featuring a turnkey restaurant and a 3-bedroom apartment, plus corner development land in the heart of the Central District. Operate current restaurant while developing the adjacent land, or redevelop into 5-story building. Located in a high demand area close to downtown Seattle, major freeways and hospitals. NC1-55 (M) zoning allows flexibility on investment product type (mixed-use, multifamily, condo or SEDU’s).

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Location
Gallery